DETROIT – Valeo SA has moved its North American headquarters from Auburn Hills, MI, to nearby Troy and plans a grand opening for spring, Valeo Chairman and CEO Thierry Morin tells journalists during the North American International Auto Show. Making the move were some 200 employees working in research and development, marketing, finance, human resources and sales. The old building in Auburn Hills “was not appropriate” and did not foster effective communication, Morin says. “We always ...

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